Cryptocurrency exchange Binance made an announcement about the Notcoin listing on its official blog account. The following statements were included in the announcement made by Binance:
“Announcing the arrival of Notcoin (NOT) on Binance Launchpool!
Dear Binance users,
We are excited to introduce Binance Launchpool’s 54th project: Notcoin (NOT), a community-driven token designed to engage users in the web3 world through an innovative tap-to-win mining mechanism. The webpage is expected to go live within the next 24 hours, just before Launchpool kicks off.
During the three-day farming period starting at 00:00 (UTC) on May 13, 2024, users can stake BNB and FDUSD tokens separately to collect NOT tokens.
Listing details:
Following the trading period, NOT will be listed on Binance at 12:00 UTC on May 16, 2024, with trading pairs including NOT/BTC, NOT/USDT, NOT/BNB, NOT/FDUSD, and NOT/TRY. The Seed Tag will be applied to the NOTE at the time of listing.
Important Reminders:
After the initial airdrop, additional tokens will continually enter the market, potentially impacting token prices.
Users participating in on-chain airdrops and wallet requests may experience delays, resulting in further price fluctuation.
Launch Pool Details:
Token Name: Notcoin (NOT)
Maximum Token Supply: 102,719,221,714 NOTES
Launchpool Token Rewards: 3,081,576,651 NOTES (3% of maximum token supply)
Initial Circulating Supply: 102,719,221,714 NOTES (100% of maximum token supply)
Smart Contract: Notcoin
Staking Terms: KYC required
Per User Hourly Fixed Limit:
– NOTE on 3,637,972 BNB pool
– NOTE on 641,995 FDUSD pool
Supported Repositories:
– BNB stake: 2,619,340,153 NOT as reward (85%)
– FDUSD stake: 462,236,497 NOT as reward (15%)
Farming Period: Between 13 May 2024 00:00 (UTC) and 15 May 2024 23:59 (UTC)
Please note:
– User rewards will be calculated based on hourly average balances and snapshots will be taken multiple times every hour.
– Rewards can be accumulated and transferred to spot accounts at any time.
– APY and total pool balances will be updated in real time.
– Tokens can only be staked in one pool at a time.
– Staking removal is instant and allows users to freely switch between pools.
– BNB Vault and Locked Products support Launchpool, which automatically enrolls users for token rewards.
– Eligibility to join Launchpool depends on the user’s country or region of residence.
Countries excluded from farming currently DO NOT include Australia, Canada, Cuba, Crimea Territory, Iran, Japan, New Zealand, Netherlands, North Korea, Syria, United States and territories (American Samoa, Guam, Puerto Rico, Northern Mariana). Islands, the US Virgin Islands) and all territories of Ukraine outside government control.”
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